Share this page!

Enter Twitter Thread URL to Unroll

Needs to be the full URL like: https://twitter.com/threadreaderapp/status/1644127596119195649

How to get URL link on Twitter App

  1. On the Twitter thread, click on or icon on the bottom
  2. Click again on or Share Via icon
  3. Click on Copy Link to Tweet
  4. Paste it above and click "Unroll Thread"!
  5. More info at Twitter Help
Pendle Profile picture
@pendle_fi
Jun 6 • 7 tweets • 3 min read Twitter logo Read on Twitter
Pendle's #stETH (Dec 2027) pool

• Our new LSD pool in under 1 week
• Liquidity 'kissing $6M'
• 25.5% Boosted APY
• Maturity is 1667 days long and weighs 0 lbs Image
Turns out length does matter, ladies and gents 💦

A series of transactions gushed in over the weekend, including some rotations from LPs in the stETH (Dec 2025) pool thirsting for something longer in the newest long-dated stETH (Dec 2027) pool.
One notable contributor was 0xa83, a long time supporter of ours who's slid another ~$2M into our new stETH addition.

🔗 debank.com/profile/0xa832… Image
0xa83 is making a bomb with LP, which consists exclusively of #LSD positions across stETH + sfrxETH pools (they have a type).

At time of writing, the person is on track to gain a total of ~$3M on maturity.

For stETH (2027), that's ~14% APY with zero IL upon maturity 🔥 Image
As for notable yield trades, a chad who goes by the name of 0xDd0 managed to scoop up some YT-stETH at 3.18% Implied APY.

With 1.8 ETH, the wizard is now generating yield from 12.94 stETH until Dec 2027.

YT positions, just like PT or LP on Pendle, are tradeable anytime. Image
If Implied APY increases down the road (YT more expensive), 0xDd0 can just sell for immediate profit.

At time of writing, Implied APY is still only 3.23% vs. current underlying yield of 4.5% APY for stETH.

Bullish ETH staking rewards? Then YT is potentially undervalued now 👀
Evidently, the growth of LSD has been nothing less than explosive, and Pendle's expanding our offering to capture the users and demand, deepening the liquidity for LSDs.

More to come very soon 🫡

Remember, you can always do more with your LSDs on Pendle: app.pendle.finance

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Pendle

Pendle Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @pendle_fi

Pendle Profile picture
Jun 7
Things are going Swell for our newest addition to the Pendle LSD lineup - Aura swETH-bb-a-WETH pool 💦

Thanks to a recent injection of ~$3.66M, the pool liquidity has swollen up to ~$3.8M in just 5 days since its inaugural launch last Friday 🥂 Image
@swellnetworkio @AuraFinance @Balancer @auraintern The swETH pool is the first on Pendle to feature yield-bearing assets on both sides of the liquidity, perfect for those with an appetite for a yield galore:

🦪 swETH staking yield
🦪 bbaWETH lending yield
🦪 Balancer swap fees
🦪 Boosted $BAL
🦪 $AURA
🦪 Pendle swap fees
🦪… twitter.com/i/web/status/1…
@swellnetworkio @AuraFinance @Balancer @auraintern As a Pendle LP for the swETH pool, 0xc7b will also be eligible to earn precious Pearl rewards from Swell Voyage, which can be redeemable for $SWELL down the road.
Read 4 tweets
Pendle Profile picture
Jun 5
Previously, we've shared how you could have profited more from buying PT-stETH vs. buying ETH on spot back in November last year🔥

Now, let's take another look at where things stand now.

Spoiler: PT-stETH outperformed significantly 👑
Quick refresher:-

1) PT is sellable anytime, just like spot
2) PT provides fixed yield, which acts as a cushion against downside risks
3) Trading PT is viable even for swing traders hunting short-term positions in place of spot Image
Back then, PT was already providing outsized returns vs. spot ETH after ~1.5 months. Today, that advantage has widened even further:

Nov 27th
PT-stETH (June pool): $1114
ETH: $1215

Today
PT: $1866.54 (+67.6%) 🔥
ETH: $1873 (+54.2%) Image
Read 6 tweets
Pendle Profile picture
Jun 2
📢A new #LSD has swung into town, and it goes by the name swETH

Welcoming the newest addition to our LSD lineup - Aura swETH-WETH!

Also excited to share that the Swell team has channeled $PENDLE incentives + bootstrapped liquidity for this new pool 🍾

app.pendle.finance/pro/pools/0x82… Image
What’s Swell?

Swell is a liquid staking protocol offering standout features:

🦪Zero fee staking
🦪Non-custodial staking
🦪Technical innovation (e.g. DVT)
🦪Secured by the best-in-class @sigp_io, @immunefi, @chainlink
🦪Carefully selected industry-leading node operators
What’s swETH?

Staked ETH with Swell is represented by swETH, a simple reward-basing LSD that will appreciate in value overtime as more staking rewards accrue.
Read 7 tweets
Pendle Profile picture
May 29
Over the weekend, the stETH pools have collectively shot up to over $32M of liquidity, thanks to a series of rapid fire deposits.

The whales as it seems, are setting up camp in the #LSD pools 🐳 Image
0xa83 in particular have exclusively focused its position in LSD pools, totaling ~$4M of liquidity across the 3 stETH pools:
💧$1M in stETH (2023)
💧$1M in stETH (2024)
💧$2M in stETH (2023)

On top of that, the user also added another ~$1M into the sfrxETH pool. Image
With this, 0xa83 is now on track to earn ~$1.27M across all of its positions upon maturity. Image
Read 6 tweets
Pendle Profile picture
May 22
Pool三 is a yield galore that lets you take Pool2 liquidity to the next level 🏇🏻

"But ser, where's the yield coming from?" you ask, worry creeping into your voice as the old warnings of users being the yield ring in your mind.

So it starts like this, once upon a time... 🧵 Image
...there lived 2 happy little tokens called $PENDLE and $ETH in the Kingdom of @arbitrum.

Both $PENDLE and $ETH were free folks, with the liberty to roam from wallet to wallet, DApp to DApp. Image
One fine day, they stumbled across the pools of @CamelotDEX, the fabled legend where tokens could come together for a greater good.

As the pair locked eyes across the Round Table, a deep, powerful bond was formed, and thus the PENDLE-ETH Camelot pool was born.
Read 10 tweets
Pendle Profile picture
May 17
There's currently a huge buffer between Implied APY (4.62%) and Underlying APY (9.6%) for sfrxETH.

If the current yield for sfrxETH holds up, that there's a rare opportunity to scoop up some cheap YT now 🧵 Image
Buying YT = Bullish Yield

If sfrxETH rewards stay above the current Implied APY of 4.62%, you're likely to profit 👇🏻 Image
Another way to look at this is "bullish frxETH adoption".

With more support and implementation of frxETH, the yield for sfrxETH will increase.
Read 5 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

Send Email!

:(